Fri, 06th Sep 2019 14:18
(ShareCast News) - Intu Properties has confirmed it is in advanced discussions with Australia's Queensland Investment Corporation regarding the potential acquisition of its 50% interest in the Intu Merry Hill shopping centre in the West Midlands. The company said that if the deal were to go through,
Read more(ShareCast News) - A rise in UK retail footfall in May provided some rare good news for the embattled sector, as the best monthly high street performance for three years outweighed a decline for shopping centres. Total footfall last month was 0.3% higher than the same month last year, according to B
Read more(ShareCast News) - The FTSE was underwater but working it was back to dry land late on Wednesday, as the index's raft of heavyweight miners were buoyed by commodity prices. With an hour's trading left in the day, the blue chip index was down 0.1% at 6,150, with property developers causing the bulk o
Read more(ShareCast News) - Xaar chief executive Doug Edwards has increased his stake in the printer inkhead technology group fresh from setting out his long-term strategy and receiving some ringing endorsements from analysts. Edwards, the former Kodak executive who took the helm in January last year from l
Read more(ShareCast News) - Intu Properties was still on target to deliver growth of 2%-3% in like-for-like net rental income on Wednesday, as investors prepared for the FTSE 100 company's annual general meeting. The group's board said active retailer demand was continuing, with 43 new long-term leases agree
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